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Ocean Rig

Image source: Freebase

Type: Company

Name: Ocean Rig

Nationality: Norway

First reported 6 hours ago - Updated 6 hours ago - 1 reports

Buyers Accumulating Shares of Ocean Rig...

Shares of Ocean Rig are trading up 4.3% to $17.92 today on above average volume. Today's volume of 343,000 shares tops the average 30-day volume of 245,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.In the ... [Published Financial News Network online - 6 hours ago]

Entities: Ocean Rig, Stocks, Moving Average, Ocean Rig UDW Inc

First reported 7 hours ago - Updated 7 hours ago - 1 reports

Ocean Rig

Ocean Rig Makes a Move: Up 4.3%

(Financial News Network On) Up 4.3% to $17.92, Ocean Rig (NASDAQ:ORIG), is one of today's notable movers. The Dow Jones Industrial Average is now trading 0.2% lower to 15,264 and the S&P is trading 0.4% lower to 1,644. Ocean Rig UDW, Inc. offers of ... [Published Individual.com - 7 hours ago]

Entities: Ocean Rig, Ocean Rig UDW Inc, Dow Jones Industrial Average

First reported 23 hours ago - Updated 22 hours ago - 1 reports

DryShips Inc

After Earnings, DryShips Is Struggling to Stay Afloat

Filed under: InvestingIn this video, Blake Bos examines some of the fundamentals of DryShips . The past quarter results were negative all around, but the simple metrics of revenues and costs bode ill for the company. For example, the revenue received ... [Published Daily Finance - 23 hours ago]

Entities: DryShips Inc, Motley Fool, Ocean Rig

First reported May 23 2013 - Updated May 23 2013 - 5 reports

DryShips Reports 1Q 2013 Financial and Operating Results

DryShips Inc., an international provider of marine transportation services for drybulk and petroleum cargos, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, announced its unaudited financial and operating results for the first ... [Published Marine Link - May 23 2013]

Entities: DryShips Inc, Ocean Rig UDW Inc, Ocean Rig

First reported May 23 2013 - Updated May 23 2013 - 1 reports

Ocean Rig Reports Strong Ultra-Deepwater Fundamentals

Ocean Rig CEO George Economou commented in his Q1 2013 earnings report yesterday that the “outlook for the UDW (Ultra-Deepwater) drilling industry is very positive given the high level of demand we are continuing to witness, and the emergence of new drilling ... [Published GCaptain - May 23 2013]

Entities: Ocean Rig, Wood Mackenzie, Gulf of Mexico, George Economou, Samsung Heavy Industries Co Ltd

First reported May 23 2013 - Updated May 23 2013 - 1 reports

China Data Group

European Stocks To See Sell-off On Policy Concerns, China Data

Europeans stocks are set to fall sharply on Thursday after Fed chief Bernanke hinted at reducing the current pace of bond purchases if the labor market continued improving. The European markets closed Wednesday's session in positive territory, reacting ... [Published RTTNews.com - May 23 2013]

Entities: China Data Group, Federal Reserve System, Majid Al Futtaim Holding LLC, Ocean Rig, DryShips Inc

First reported May 22 2013 - Updated May 22 2013 - 1 reports

SeaDrill Ltd

Vantage Drilling Ranks the Highest in...

Below are the three companies in the Oil & Gas Drilling industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, ... [Published Financial News Network online - May 22 2013]

Entities: Vantage Drilling Co, EBITDA, Ocean Rig, SeaDrill Ltd

First reported May 21 2013 - Updated May 21 2013 - 1 reports

Cobalt lines up next presalt wildcat offshore Angola

Offshore staffHOUSTON – Cobalt International Energy (NYSE: CIE) says the temporarily abandoned Cameia #2 wellbore in block 21 offshore Angola will be reused as part of the Cameia Mound development project. This is expected to receive sanction in early ... [Published Offshore oil and gas - May 21 2013]

Entities: Angola, Cobalt, Gabon, Lontra

First reported May 20 2013 - Updated May 20 2013 - 1 reports

The offshore sector has "got legs"

In early May, people from all facets of the energy services business descend on Houston for the Offshore Technology Conference (OTC). In recent years, savvy shipping players with a long term view of cycles, such as George Economou and the Ofer family, ... [Published Seatrade Global - May 20 2013]

Entities: Marine Money International, George Economou, Paul Bragg, David Mullen

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Ocean Rig UDW Inc. Announces First Quarter 2013 Results Release Date, Conference Call and Webcast

Ocean Rig UDW Inc. (NASDAQ: ORIG) ("Ocean Rig"), a global provider of offshore deepwater drilling services announced today that it will release its results for the first quarter 2013 after the market closes in New York on Wednesday, May 22, 2013.Conference ... [Published Interest!ALERT - May 17 2013]

Entities: Ocean Rig UDW Inc, Ocean Rig, Civil Disturbance, Price Control, Expropriation

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Stock Investors Bid Up Shares of Ocean Rig, Up 1.4%

(Financial News Network On) Ocean Rig (NASDAQ:ORIG) is one of today's notable stocks on the rise, up 1.4% to $17.14. The S&P is trading higher by 0.5% to 1,659 and the Dow is trading 0.4% higher to 15,296. Ocean Rig UDW, Inc. offers offshore drilling ... [Published Individual.com - May 17 2013]

Entities: Ocean Rig, Stocks, Ocean Rig UDW Inc

First reported May 16 2013 - Updated May 16 2013 - 1 reports

Total steps up deepwater E&P drilling offshore Gabon

Offshore staffPARIS – Total says the Ocean Rig Olympia is drilling the Diaman-1 exploration well on the Diaba license offshore Gabon in 1,700 m (5,577 ft) water depth.Elsewhere off Gabon, the company continues Phase 3 of its Anguille redevelopment project. ... [Published Offshore oil and gas - May 16 2013]

Entities: Gabon, Total SA, Phase III, Port-Gentil (Gabon), Ocean Rig

Quotes

George Economou, Chairman and CEO of Ocean Rig said, "During the first quarter of 2013, our results were adversely impacted by the scheduled drydock, for contract-related upgrades, of the Leiv Eiriksson which commenced drilling operations for Rig Management Consortium offshore Norway on April 15th 2013. During the quarter, we also experienced certain blowout preventer-related downtime with respect to Eirik Raude and the Ocean Rig Mykonos which resulted in low operating efficiency for those two units."

Ocean Rig UDW Turns To Profit In Q1 On Strong Revenue Growth [Published RTTNews.com - May 23 2013]

"Even though there has been a recent spike in some drybulk charter rates, we continue to be defensive about the short-term prospects of the shipping markets" Chief Executive Officer George Economou said

UPDATE 1-DryShips posts another loss, expects rates to remain weak [Published Reuters - May 22 2013]

"During the first quarter of 2013, we entered into agreements to sell four of our bulk carriers under construction in China. We did not have any bank financing in place for these vessels. Under the terms of the sale agreements, we will make payments of only $29 million, effectively eliminating $149 million in capital expenditures. We have now reduced our newbuilding program to six bulk carriers, two of which are scheduled for delivery in 2013, for which we have time charters and bank financing in place, and four of which are scheduled for delivery in 2014, for which we are considering our options."

DryShips Inc. Reports Financial and Operating Results for the First Quarter 2013 [Published Interest!ALERT - May 22 2013]

...These statements may be identified by the use of words like "anticipate', "believe', "estimate', "expect', "intend', "may', "plan', "project', "should', "seek', and similar expressions. Forward-looking statements reflect Ocean Rig's current views and assumptions with respect to future events and are subject to risks and uncertainties."

Ocean Rig UDW Inc. Announces First Quarter 2013 Results Release Date, Conference Call and Webcast [Published Interest!ALERT - May 17 2013]

More Content

sort by: Date \| Relevance
Buyers Accumulating Shares of Ocean Rig... [Published Financial News Network online - 6 hours ago]
Ocean Rig Makes a Move: Up 4.3% [Published Individual.com - 7 hours ago]
After Earnings, DryShips Is Struggling to Stay ... [Published Daily Finance - 23 hours ago]
DryShips Reports 1Q 2013 Financial and Operatin... [Published Marine Link - May 23 2013]
Ocean Rig Reports Strong Ultra-Deepwater Fundam... [Published GCaptain - May 23 2013]
DryShips' CEO Discusses Q1 2013 Results - Earni... [Published Seeking Alpha - May 23 2013]
Ocean Rig UDW Management Discusses Q1 2013 Resu... [Published Seeking Alpha - May 23 2013]
Ocean Rig CEO: ?Outlook for the UDW Drilling In... [Published Offshore Energy Today - May 23 2013]
European Stocks To See Sell-off On Policy Conce... [Published RTTNews.com - May 23 2013]
Ocean Rig UDW Turns To Profit In Q1 On Strong R... [Published RTTNews.com - May 23 2013]
UPDATE 1-DryShips posts another loss, expects r... [Published Reuters - May 22 2013]
Ocean Rig UDW Earnings: Here’s Why Investors ar... [Published Wall St. Cheat Sheet - May 22 2013]
Ocean Rig UDW Inc. Reports Financial and Operat... [Published Yahoo! Finance - May 22 2013]
DryShips Inc. Reports Financial and Operating R... [Published Interest!ALERT - May 22 2013]
Ocean Rig UDW Inc. Reports Financial and Operat... [Published Interest!ALERT - May 22 2013]
DryShips Inc. Reports Financial and Operating R... [Published Marketwire - Breaking News Releases - May 22 2013]
Ocean Rig UDW Inc. Reports Financial and Operat... [Published Marketwire - Breaking News Releases - May 22 2013]
Vantage Drilling Ranks the Highest in... [Published Financial News Network online - May 22 2013]
Cobalt lines up next presalt wildcat offshore A... [Published Offshore oil and gas - May 21 2013]
The offshore sector has "got legs" [Published Seatrade Global - May 20 2013]
Ocean Rig UDW Inc. Announces First Quarter 2013... [Published Interest!ALERT - May 17 2013]
DryShips Inc. Announces First Quarter 2013 Resu... [Published TradingCharts.com - May 17 2013]
Ocean Rig UDW Inc. Announces First Quarter 2013... [Published Marketwire - Breaking News Releases - May 17 2013]
Stock Investors Bid Up Shares of Ocean Rig, Up ... [Published Individual.com - May 17 2013]
Navios Maritime Faces Stormy Seas Ahead [Published Motley Fool - May 17 2013]
Total steps up deepwater E&P drilling offshore ... [Published Offshore oil and gas - May 16 2013]
Angelicoussis tops Greek shipowner [Published Seatrade Global - May 09 2013]
Songa Offshore appoints new executive vice pres... [Published Individual.com - May 07 2013]
Rowan: Push Into Ultra-Deepwater Could Bring Pr... [Published Seeking Alpha - May 01 2013]
Complete solution [Published European Oil and Gas - May 01 2013]

Blogs

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Ocean Rig UDW Earnings: Here’s Why Investors ar... [Published Wall St. Cheat Sheet - May 22 2013] Ocean Rig UDW ( NASDAQ:ORIG ) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 3.37%. Markets are at ...
InPlay from Briefing.com [Published MaritimeSecurity.Asia - Feb 13 2013] 7:02 pm Limoneira announces the annexation of East Area 1 into the city of Santa Paula ( LMNR ) : Co announced that on February 12, 2013, East Area 1 was formally annexed into Santa Paula. The annexation was the final required step to enable Limoneira ...
Frontrunning: February 12 [Published Zero Hedge - Feb 12 2013] The Man Who Killed Osama bin Laden... Is Screwed ( Esquire ) G7 fires currency warning shot, Japan sanguine ( Reuters ) North Korea Confirms It Conducted 3rd Nuclear Test ( NYT ) Italian Police Arrest Finmeccanica CEO ( WSJ ) Legacy, political calendar ...
Six Equity Offerings Price After The Close As I... [Published Zero Hedge - Feb 12 2013] Just in case the Friday night insider dump bomb by Google executive chairman Eric Schmidt, in which he announced the sale of 42% of his GOOG holdings the day the stock hit its all time high, did not send a clear enough message to the market as to what ...
DryShips Raising Capital Via Ocean Rig UDW Shar... [Published 24/7 Wall St. - Feb 11 2013] Ocean Rig UDW Inc. (NASDAQ: ORIG) has announced that DryShips Inc. (NASDAQ: DRYS) will be selling a total of 5 million shares of common stock in Ocean Rig. The move will raise capital via an... ...

Press Releases

sort by: Date \| Relevance
DryShips Inc. Reports Financial and Operating R... [Published Marketwire - Breaking News Releases - May 22 2013]
Ocean Rig UDW Inc. Reports Financial and Operat... [Published Marketwire - Breaking News Releases - May 22 2013]
Ocean Rig UDW Inc. Announces First Quarter 2013... [Published Marketwire - Breaking News Releases - May 17 2013]
Ocean Rig UDW Inc. Announces Availability of 20... [Published Marketwire - Breaking News Releases - Mar 22 2013]
DryShips Inc. Reports Financial and Operating R... [Published Marketwire - Breaking News Releases - Mar 06 2013]